Apple, Bain Capital said to agree on terms for Toshiba’s chip unit bid

A plant of Toshiba Memory Corp. in Mie, Japan. Photographer: Shingo Kawamoto/Bloomberg

Apple Inc. has agreed to terms with Bain Capital in the private equity firm’s 2 trillion yen ($18 billion) bid for Toshiba Corp.’s memory chip unit, paving the way for a final agreement announcement as soon as Thursday, according to people familiar with the matter.

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